Surf Report: It's Not The Spoon That Bends

Issue 43: 07.18.2021 (Subscribers Edition)

INTRODUCTION

July 18, 2021

Hi everyone—I’m so glad to have you here. What a week.

I talk a lot about Bitcoin in this letter for a bunch of reasons. It’s grown to be a bona fide macro asset at home in traditional investor portfolios, usually justified with reasons having to do with its resistance to inflationary pressures and as the best asymmetric bet go…